In 2023, South Africa led global exports of chromium ores and concentrates with roughly $1.27 billion, significantly ahead of Turkey's $0.24476 billion. Year-on-year, South Africa's exports grew by about 5%, reflecting its dominance. Turkey and Kazakhstan followed suit with an increase of 4.5% and 3.7%, respectively. Albania, Pakistan, and India posted moderate growth. Over the past five years, the CAGR for these top exporters was around 4.1%.
Future trends to watch include:
- South Africa maintaining its dominance, potentially expanding due to infrastructure investments.
- Turkey and Kazakhstan enhancing their positions with technological improvements and policy support.
- The impact of global demand fluctuations and environmental policies on chromium market dynamics.
Top countries in Top Exporters of Chromium Ores and Concentrates
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 South Africa | 1,270 | 2016 | |
| 2 | 2 Turkey | 244.76 | 2016 | |
| 3 | 3 Kazakhstan | 116.48 | 2016 | |
| 4 | 4 Albania | 91.95 | 2016 | |
| 5 | 5 Pakistan | 80.05 | 2016 | |
| 6 | 6 India | 51.57 | 2016 | |
| 7 | 7 Netherlands | 20.95 | 2016 | |
| 8 | 8 Zimbabwe | 20.91 | 2016 | |
| 9 | 9 Oman | 19.72 | 2016 | |
| 10 | 10 Germany | 16.48 | 2016 |
